November 2024 - cypherpunks - lists.cpunks.org

Coinbase, CFTC Reach Discovery Agreement For SEC Case
by Gunnar Larson 10 Nov '24

10 Nov '24

Coinbase, CFTC Reach Discovery Agreement For SEC Case <https://www.law360.com/capitalmarkets/articles/2257491?nl_pk=abe82add-2a33-…> By Sydney Price Coinbase said it has reached an agreement with the U.S. Commodity Futures Trading Commission on certain search terms that it believes satisfies its discovery needs in its ongoing securities enforcement case, resolving an earlier motion to compel the futures regulator to provide certain communications with crypto firms. Notice attached | Read full article » <https://www.law360.com/capitalmarkets/articles/2257491?nl_pk=abe82add-2a33-…> | Save to favorites » <https://www.law360.com/capitalmarkets/articles/2257491?nl_pk=abe82add-2a33-…>

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SEC Moves To Ax Key Defenses In Kraken Crypto Fraud Row
by Gunnar Larson 10 Nov '24

10 Nov '24

SEC Moves To Ax Key Defenses In Kraken Crypto Fraud Row <https://www.law360.com/capitalmarkets/articles/2257670?nl_pk=abe82add-2a33-…> By Sydney Price The U.S. Securities and Exchange Commission has urged a California federal court to ax three of crypto exchange Kraken's defenses in a case alleging it violated securities laws by offering crypto assets without proper registration, arguing that the court has already rejected Kraken's claims that the agency lacks authority to bring the case and that existing law is too vague. Motion attached | Read full article » <https://www.law360.com/capitalmarkets/articles/2257670?nl_pk=abe82add-2a33-…> | Save to favorites » <https://www.law360.com/capitalmarkets/articles/2257670?nl_pk=abe82add-2a33-…>

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FTX Exec Looks To Avoid Prison For 'Smallest Share' Of Crime
by Gunnar Larson 10 Nov '24

10 Nov '24

FTX Exec Looks To Avoid Prison For 'Smallest Share' Of Crime <https://www.law360.com/capitalmarkets/articles/2257844?nl_pk=abe82add-2a33-…> By Lauren Berg Former FTX technology chief Zixiao "Gary" Wang on Wednesday asked a Manhattan federal judge not to give him prison time for his part in the $11.2 billion fraud case, calling himself "the one who stands convicted of the smallest share of misconduct" among former CEO Sam Bankman-Fried's lieutenants. 1 document attached | Read full article » <https://www.law360.com/capitalmarkets/articles/2257844?nl_pk=abe82add-2a33-…> | Save to favorites » <https://www.law360.com/capitalmarkets/articles/2257844?nl_pk=abe82add-2a33-…>

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How New OCC Priorities Will Affect Bank Compliance
by Gunnar Larson 10 Nov '24

10 Nov '24

How New OCC Priorities Will Affect Bank Compliance <https://www.law360.com/banking/articles/2253450?nl_pk=feb6bbba-7878-4d39-be…> With the Office of the Comptroller of the Currency recently releasing a new bank supervision plan for fiscal year 2025, all banks, not only those primarily supervised by the OCC, should consider how compliance with its guidelines creates opportunities and challenges, says Andrew Karp at Cadwalader. Read full article » <https://www.law360.com/banking/articles/2253450?nl_pk=feb6bbba-7878-4d39-be…> | Save to favorites » <https://www.law360.com/banking/articles/2253450?nl_pk=feb6bbba-7878-4d39-be…>

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Chicago Pol Urges Narrow Reading Of False Statement Law
by Gunnar Larson 10 Nov '24

10 Nov '24

Chicago Pol Urges Narrow Reading Of False Statement Law <https://www.law360.com/banking/articles/2257819?nl_pk=feb6bbba-7878-4d39-be…> By Lauraann Wood The U.S. Supreme Court should narrowly interpret the federal statute barring people from using false statements to influence certain financial institutions because backing the government's broad reading could expose borrowers to criminal liability that was never intended, former Chicago alderman Patrick Daley Thompson argued Wednesday. Brief attached | Read full article » <https://www.law360.com/banking/articles/2257819?nl_pk=feb6bbba-7878-4d39-be…> | Save to favorites » <https://www.law360.com/banking/articles/2257819?nl_pk=feb6bbba-7878-4d39-be…> Treasury Expands <https://www.law360.com/banking/articles/2257835?nl_pk=feb6bbba-7878-4d39-be…>

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Judge Axes NY Claims In Chase Bank Counterfeit Check Row
by Gunnar Larson 10 Nov '24

10 Nov '24

Judge Axes NY Claims In Chase Bank Counterfeit Check Row <https://www.law360.com/banking/articles/2257246?nl_pk=feb6bbba-7878-4d39-be…> By Carla Baranauckas A New Jersey federal judge partly granted JPMorgan Chase Bank's bid to toss a tile company's lawsuit over the financial giant's alleged acceptance of $5 million in counterfeit checks drawn from its Valley National Bank account, reasoning that Florida law claims could stand but allegations under New York statutes could not. Opinion attached | Read full article » <https://www.law360.com/banking/articles/2257246?nl_pk=feb6bbba-7878-4d39-be…> | Save to favorites » <https://www.law360.com/banking/articles/2257246?nl_pk=feb6bbba-7878-4d39-be…>

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SEC's Gensler Faces Group's Call To Resign After Trump Win
by Gunnar Larson 10 Nov '24

10 Nov '24

SEC's Gensler Faces Group's Call To Resign After Trump Win <https://www.law360.com/banking/articles/2257599?nl_pk=feb6bbba-7878-4d39-be…> By Sarah Jarvis Following Donald Trump's election victory Wednesday, a financial services trade association called on U.S. Securities and Exchange Commission Chair Gary Gensler to "immediately" step down in order to boost trust in the agency. Read full article » <https://www.law360.com/banking/articles/2257599?nl_pk=feb6bbba-7878-4d39-be…> | Save to favorites » <https://www.law360.com/banking/articles/2257599?nl_pk=feb6bbba-7878-4d39-be…>

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Trump's SEC Expected To See 'Dramatic' Enforcement Change
by Gunnar Larson 10 Nov '24

10 Nov '24

Trump's SEC Expected To See 'Dramatic' Enforcement Change <https://www.law360.com/banking/articles/2257833?nl_pk=feb6bbba-7878-4d39-be…> By Aislinn Keely Former President Donald Trump's reelection means a notable shift in the types of cases the U.S. Securities and Exchange Commission is expected to bring, attorneys said Wednesday at a Washington, D.C., conference, while the agency's current top enforcer vowed business as usual for now as it carries on with its well over 1,500 investigations. Read full article » <https://www.law360.com/banking/articles/2257833?nl_pk=feb6bbba-7878-4d39-be…> | Save to favorites » <https://www.law360.com/banking/articles/2257833?nl_pk=feb6bbba-7878-4d39-be…>

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Trump's Win Likely To Spur Deals For Capital Markets Attys
by Gunnar Larson 10 Nov '24

10 Nov '24

Trump's Win Likely To Spur Deals For Capital Markets Attys <https://www.law360.com/technology/articles/2257748?nl_pk=2bd720dd-746c-4744…> By Tom Zanki Former President Donald Trump's decisive win in Tuesday's presidential election will enable deals to proceed on a more certain basis, capital markets advisers said Wednesday, citing pent-up demand to restart capital raising after a long period of subdued activity. Read full article » <https://www.law360.com/technology/articles/2257748?nl_pk=2bd720dd-746c-4744…> | Save to favorites » <https://www.law360.com/technology/articles/2257748?nl_pk=2bd720dd-746c-4744…>

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Fake BigLaw Atty Duped Exec Into Wiring $55M, Co. Says
by Gunnar Larson 10 Nov '24

10 Nov '24

Fake BigLaw Atty Duped Exec Into Wiring $55M, Co. Says <https://www.law360.com/technology/articles/2257705?nl_pk=2bd720dd-746c-4744…> By Craig Clough A German rubber product manufacturer is suing a California woman and JPMorgan Chase Bank NA in California federal court alleging a company employee was tricked into wiring more than $54.9 million to at least 18 bank accounts by a fraudster posing as both an Orion executive and a partner at Clifford Chance LLP. Complaint attached | Read full article » <https://www.law360.com/technology/articles/2257705?nl_pk=2bd720dd-746c-4744…> | Save to favorites » <https://www.law360.com/technology/articles/2257705?nl_pk=2bd720dd-746c-4744…>

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